Dev access got jacked from under me, token somehow pumped to 200k market cap.

Wild ride honestly. Guess that's just how this space works sometimes.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

CodeAuditQueen

· 7h ago

Can it still rise when permissions are revoked? There must be a reentrancy vulnerability or a bug in the permission check; we need to dig into the contract code.

View OriginalReply0

BearMarketMonk

· 11-29 02:51

The permissions are gone but it actually rises, this operation is really amazing, it's just outrageous.

View OriginalReply0

ClassicDumpster

· 11-29 02:45

Ha, being deprived of permissions instead To da moon, this operation is amazing.

View OriginalReply0

AllInDaddy

· 11-29 02:45

The dream collaboration, losing development rights instead leads to a surge, this is the magical realism of crypto.

View OriginalReply0

SerNgmi

· 11-29 02:44

The permissions are gone but the coin has risen, this mess is really something.

View OriginalReply0

DaoResearcher

· 11-29 02:43

The invalidation of development permissions has instead boosted market capitalization, and the game theory behind this is worth delving into. --- From the perspective of the separation of governance power, the market bidding mechanism has surprisingly become a price discovery tool, which is interesting. --- Wait, is this a reverse incentive caused by information asymmetry, or is it a pure belief in decentralized governance? We need to look at the on-chain data first. --- Permission deprivation = trust endorsement? The logic of token economics is truly magical. --- I suggest everyone take a look at the governance section of the project White Paper; the market capitalization of 200,000 may not stand on solid ground. --- Ngl, the price rise in this situation is essentially a liquidity illusion, which should have been warned about long ago. --- The fact that prices rise after permissions are revoked indicates what? Either it was severely undervalued in the early stages, or it is pure speculation. I lean towards the latter. --- It's worth noting that such cases of failure in decentralized governance have already been substantiated by multiple projects.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
220.56K Popularity
#DecemberMarketOutlook
16.41K Popularity
#GIGGLEAndPIPPINSurge
2.81K Popularity
#LINKETFToLaunch
2.15K Popularity
#SharingMy100xToken
2.96K Popularity

Hot Gate FunView More

1
морекоты
MC:$3.32KHolders:1
0.00%
2
ZYGO戴歌青蛙
MC:$3.37KHolders:2
0.29%
3
XYY喜羊羊
MC:$3.31KHolders:1
0.00%
4
BEARBear Market Coin
MC:$3.38KHolders:2
0.22%
5
BEARACLESBearacles
MC:$3.34KHolders:1
0.21%

Sitemap